Ministry Leader Building $4 Million Home After Cutting Jobs

Ministry Leader Building $4 Million Home After Cutting Jobs
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A Charlotte-area religious broadcaster is building a $4 million home in western South Carolina, as the ministry has cut jobs.
    The Charlotte Observer reported Monday that Inspiration Networks’ CEO David Cerullo, is building the 9,000-square-foot home in a gated community that overlooks Lake Keowee.
    Inspiration Networks has drawn scrutiny for up to $26 million in incentives it won from South Carolina to move from Charlotte to Indian Land in Lancaster County.
    Don Weaver of the South Carolina Association of Taxpayers says given Cerullo’s salary and land holdings, it doesn’t appear the state needs to offer tax breaks.
    Employees told the newspaper the ministry began laying off some workers late last year.
    News Channel 7 called and email Inspiration Ministries, to speak to Cerullo or a media relations person. So far, we haven’t heard back from them.    But those who know Cerullo said people are developing opinions before they know the facts.
    Nick Rubio’s parent’s own the company building Cerullo’s home and he said he is working there during construction. He stresses that Cerullo has been involved in many businesses, other than the ministry.
    Cerullo’s bio on the ministry website does state he’s worked internationally and had founded a successful advertising and public relations firm, a construction company and a management consulting firm.
    “He was a businessman in real estate and he got into that, and developed that company up,“ said Rubio. “He’s a real genuine, sincere guy who loves God and loves the people that he’s helping.“
   


    Coverage from the Charlotte Observer:
    Update: CEO of ministry building $4 million lakefront home
    Update: No tax break for S.C. religious network

   

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